Cheap Apartments for Rent in the South Loop Neighborhood of El Paso, TX from $300 (6 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Loop area of El Paso.

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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Canyon Square Village
1 to 4 Bedroom Apartments

Canyon Square Village

8622 N Loop DrEl Paso, TX 79907
  • Utilities Included

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Cheapest Available South Loop Apartments for Rent

 

The cheapest available apartment rental in the South Loop area of El Paso, TX is a 1 Bed unit found at San Marcos Apartment Homes priced from $785. Ranger Trail Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here are the most affordable South Loop apartments for rent in El Paso, TX:

Apartment ListingModel NameBed/BathPriced From
San Marcos Apartment HomesAzalea Suit1BR,1BA$785
Ranger Trail Apartments1 Beds, 1 Baths1BR,1BA$845
Padres Village Apartments2 Bedroom 1 Bath2BR,1BA$855

Best Value Apartments for Rent in South Loop, TX

As of June 04, 2026 the best value apartment in the South Loop area is the $1.20 price per square foot 3 Bedroom Model at Prado Apartments in the in the Ascarate neighborhood starting from $1,198. The second greatest value South Loop apartment is the 8493 Roseway Dr Model at 8493 Roseway Dr, Unit 8493 Roseway Dr Unit A starting at $960 with a $1.13 price per square foot in the Ascarate neighborhood. Here is today’s list of the best values for South Loop apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Prado Apartments3 Bedroom3BR,2BA$1.20
8493 Roseway Dr, Unit 8493 Roseway Dr Unit A8493 Roseway Dr2BR,1BA$1.13
La Jolla Place Apartments2 Bedroom 1 Bath2BR,1BA$1.40
La Hacienda Apartments2 Bedroom 1 Bath2BR,1BA$1.21
Melendez Apartments1 Beds, 1 Baths1BR,1BA$1.14
San Montego2 Bedroom2BR,1BA$1.29
Padres Village Apartments2 Bedroom 1 Bath2BR,1BA$1.32
Estancias ValenciaOne Bedroom1BR,1BA$1.66
Ranger Trail Apartments1 Beds, 1 Baths1BR,1BA$1.56
San Marcos Apartment HomesAzalea Suit1BR,1BA$1.50

Frequently Asked Questions about Cheap South Loop Apartments

How much is rent for a Cheap One Bedroom South Loop Apartment?

The lowest price for a Cheap One Bedroom South Loop Apartment is $785 at San Marcos Apartment Homes.

What is the lowest price for a Cheap Two Bedroom South Loop Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in South Loop is starting from $850 at San Marcos Apartment Homes.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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An El Paso, TX Local Expert's Guide to Affordable Neighborhoods for Renters

Written by: Lori Rosario

El Paso has been inhabited for thousands of years and still has much to offer people of all ages and walks of life.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.